Merchants Payments Coalition’s Post

For many SMEs, the office environment has been evolving, with more people and equipment moving in and out of the office on a regular basis. Insurance cover needs to shift along with such changes. Read our latest expert article, from Richard Harrison as he explains how brokers can help SME clients anticipate and manage office risks for their business >> https://travl.rs/3J0Ca31 #SMEInsurance #SMEOffice #SMEClients

Excited to share my latest work 🎉, now featured in IntellectAI’s new eBook, “Decoding Loss Runs: Challenges and Opportunities for Automation in the Insurance Industry.” 📚 This deep dive explores the crucial role of loss runs in the insurance sector and how automation can revolutionize risk assessment and efficiency 🚀. Check out the eBook to learn more about the benefits and solutions for automating loss run report processing. Download here: https://lnkd.in/egW6s_iC #InsuranceInnovation #AIAutomation #LossRunTransformation #LossRuns #RiskAssessment #FirstPrinciplesThinking #eMACH_AI #genAI #AI #ArtificialIntelligence #LLM

McDonough Insurance Services is your partner in business success! ✨💼 We empower you to take control of your enterprise by expertly managing risk and costs. Let's build a secure future together! 🤝 #SelfInsurance #BusinessExcellence #RiskManagement #McDonoughInsurance

Discover IntellectAI’s latest eBook, “Decoding Loss Runs: Challenges and Opportunities for Automation in the Insurance Industry.” This comprehensive guide delves into the essential role of loss runs in risk assessment, premium calculations, pricing, and policy renewal. Learn why tackling these challenges is crucial for the insurance industry to boost operational efficiency, enhance risk assessment, speed up turnaround times, and deliver superior services to policyholders. Download the eBook to explore: - The vital role of loss runs in insurance risk assessment. - The challenges in interpreting and automating loss runs. - The benefits and solutions for automating loss run report processing. Download today: https://lnkd.in/egW6s_iC Author: Sagar Gawali #InsuranceInnovation #AIAutomation #LossRunTransformation #RiskAssessment #FirstPrinciplesThinking #eMACH.AI

Discover IntellectAI’s latest eBook, “Decoding Loss Runs: Challenges and Opportunities for Automation in the Insurance Industry.” This comprehensive guide delves into the essential role of loss runs in risk assessment, premium calculations, pricing, and policy renewal. Learn why tackling these challenges is crucial for the insurance industry to boost operational efficiency, enhance risk assessment, speed up turnaround times, and deliver superior services to policyholders. Download the eBook to explore: - The vital role of loss runs in insurance risk assessment. - The challenges in interpreting and automating loss runs. - The benefits and solutions for automating loss run report processing. Download today: https://lnkd.in/egW6s_iC Author: Sagar Gawali #InsuranceInnovation #AIAutomation #LossRunTransformation #RiskAssessment #FirstPrinciplesThinking #eMACH.ai

Great write Sagar Gawali, good capture of the context and criticality of loss runs. The solutions is real groundbreaking in the industry. What stands out is the accuracy and speed at which extraction is done. Icing on the cake is the loss summary which is of immense value. Great team, great product. #commercialinsurance #lossruns #underwritingprofitability intellectAI

Has your organization performed a proper analysis of the impact of losing processes and supporting resources? Regardless of industry, this article highlights why conducting a Business Impact Analysis (BIA) is crucial to understanding where continuity efforts must be focused to minimize as much impact from a disruption as possible #resiliency #businesscontinuity #incidentresponse #businessimpactanalysis https://lnkd.in/g_CDbpzw

Client Success Story A CPA asked us to evaluate one of his client’s Long Term Care policy. Problem: We discovered the policy provided good coverage for the client’s needs, but the underwriter was becoming more financially unstable each year. This would put the client at risk of losing her policy at an age when it would be more difficult to get a new one. Solution: All the good alternatives were prohibitively expensive. It didn’t make sense to start over. We were able to add some supplemental coverage and diminish the overall risk. Outcome: The client is safer now, and we continue to monitor the program on an annual basis. Concerned about your coverage? Let us help you create your own success story. https://lnkd.in/gn_3N7R4 #ClientSuccessStory #InsurancePolicyReview #LongTermCareInsurance

Reducing Administrative Costs, SIR’S, Strategic Partners, Claim Closure, Analytics, and The Human Factor. #riskmanagement ,#claimclosure ,#claimadvocacy, #workerscompensation, #claimmanagers, #riskmanagers, #reducelegalfees, #reduceclaimcost, #legacyfiles, #agedclaims, #earlyintervention, #claimsettlement, #workerscompensationsettlement,

Earlier this week Kenneth Underhill and Claire King delivered a webinar for the MGAA looking at the FCA Business Plan for 2024/5. The webinar recording is now available to watch if you were unable to attend. https://lnkd.in/evzw-ZTs #insurance #compliance #advisory